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Given below is information for the Stockholder Equity section of Alpha Balance Sheet as of December 31, 2016 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized,
Given below is information for the Stockholder Equity section of Alpha Balance Sheet as of December 31, 2016
- 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized, 5,000 sharesissued and outstanding.
- Common stock, no par, $2stated value, 500,000 sharesauthorized, 204,000 shares issued and outstanding
- Additional paid-in capital:
- Preferred stock in excess of par value is $34,000
- Common stock in excess of stated value is $437,000
Requirements:
Prepar a Stockholders' section of Alpha classified balance sheet as of December 31, 2016. Note: Rows in table may be more than needed.
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